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ellegene
May 18, 2017 9:43 AM

LTCBTC Possible Break-Out Long

Litecoin / BitcoinPoloniex

Description

TLC might be very close to breaking out of the triangle pattern, i take a guess from my indicators that it might trend up-

Comment

Waiting for confirmation, too risky atm

Trade active

Went long @ 0.01407309

Trade closed: target reached

Until we can confirm the retest

Trade active

Comment



Pushing through resistance, please no comment about the fib.trace. being wrong, the bottom candles are at the same level, the time frame is 4h.

Comment

You can still buy at this point, trade carefully. Good luck

Trade active

I would suggest setting a stop-limit @ 0.01515902 if you bought it early enough.

Comment

The 4h looks fine, if you're going to travel by sea, you have to accept to take some storms.

Comment

Comments
mike314
Nice Analysis, Is it too late to get in?
ellegene
@mike314, no but do not be greedy at this point max safe buy @ 0.0147
prabesh
Thanks man ... great analysis
ellegene
@prabesh, You're very welcome
prabesh
@ellegene, can you predict tp for this trade ?
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